First Hydrogen Corp. - $FHYDF STOCK NEWS

First Hydrogen Corp. has signed a non-binding letter-of-intent (LOI) to secure a supply of e-Vans from a large German multinational automotive manufacturer. The company's hydrogen-fuel-cell powertrain will be integrated into these German-branded vans.

This integration will involve access to engineering, technical support, and certification from the vehicle manufacturer. The goal is to offer fleet operators customized hydrogen-powered light commercial vehicles soon.

First Hydrogen's fuel cell electric vehicles (FCEVs) recently completed successful trials in London with a major logistics company. The FCEVs operated for over 8 hours daily, handling multiple deliveries per hour and demonstrating a peak range of 400 miles on a single refuel. These trials underscore the vehicles' capability to handle demanding tasks such as carrying heavy loads and driving on challenging terrains.

The company's CEO, Balraj Mann, highlighted that this collaboration aids in bringing FCEVs to the North American market, building on interest from both the UK and North America.

First Hydrogen has announced positive progress in their fourth hydrogen fuel cell vehicle (FCEV) trial. The trial, which started earlier in the month, is on track and a detailed report is expected soon. Additionally, the company is collaborating with several firms from a recent event and engaging with a major industrial fleet operator in Mexico to upgrade fleets to hydrogen fuel cells and establish a comprehensive hydrogen refueling infrastructure.

Mexico's hydrogen industry is expanding, with around 15 projects worth $20 billion USD in development, potentially adding nearly 7 GW of green hydrogen. First Hydrogen's FCEVs have demonstrated strong performance, achieving outputs of 60kW and a range of 630 km, suitable for demanding tasks.

Moreover, First Hydrogen has partnered with Martin City Studios to produce and air audio interviews featuring their senior management on multiple platforms. The cost for these services is $6,500 USD.

First Hydrogen Corp. has successfully completed three vehicle trials with their hydrogen-fuel-cell-powered vehicle and has now started trials with a multinational logistics company for parcel deliveries. The company has demonstrated the efficiency and performance of their fuel cell technology in trials, showcasing extended range, scalability, energy efficiency, and reduced carbon footprint. The parcel delivery market is growing rapidly, with increasing demand for zero-emission technologies like hydrogen fuel cells. First Hydrogen's FCEVs offer a sustainable solution for businesses looking to reduce emissions and operational costs, while improving energy efficiency and performance.

First Hydrogen Corp. (FHYDF) provides an update on corporate developments for Q1 2024, highlighting successful FCEV trials and hydrogen ecosystem partnerships. The company aims to increase FCEV adoption, expand production facilities, and collaborate with key players in the green hydrogen market.

First Hydrogen Corp. successfully completes hydrogen fuel cell-powered vehicle trials with Wales & West Utilities, showcasing the FCEV's capabilities and performance in demanding conditions. The trials provide valuable data for future development and demonstrate the potential for hydrogen mobility in fleet operations. The global market for hydrogen fuel cell vehicles is projected to grow significantly, with fleet operators like WWU driving zero-emission vehicle adoption.

First Hydrogen Corp. (FHYDF) announces positive initial findings from vehicle trials with Wales & West Utilities, showcasing the exceptional performance of its hydrogen-powered fuel cell vehicle (FCEV) in real-world operations. The trials demonstrate that the FCEV maintains its performance and range in colder temperatures, unlike battery electric vehicles (BEVs) that suffer from battery degradation in similar conditions. The FCEV's ability to operate for 6-7 hours per day in temperatures ranging from 2°C to 17°C without range impact is a significant advantage for fleet operators seeking zero emissions solutions.

First Hydrogen Corp. partners with WWU, Protium, and Hyppo to build a hydrogen ecosystem for FCEVs, aiming to accelerate adoption and decarbonization. The trial uses Protium's hydrogen and Hyppo's refuelling infrastructure, showcasing the potential for rapid deployment and scalability. The global Hydrogen Fuel Cell Vehicle market is projected to reach USD $132.63 billion by 2031, driven by government incentives, environmental regulations, and automakers' sustainability focus.

First Hydrogen Corp. announces month-long vehicle trials with Wales & West Utilities for its hydrogen fuel cell powered vehicle, which can travel over 630km on a single refueling. The trials aim to demonstrate the vehicle's advantage over battery electric vehicles (BEVs) in lower temperatures and generate performance data for utility businesses seeking zero emissions solutions.

First Hydrogen Corp. announces trials of hydrogen fuel cell-powered light commercial vehicle with Wales & West Utilities. The FCEV will operate from WWU's Swansea depot, supporting network engineers for customer call outs and repair work. The trial will showcase the FCEV's advantage over battery electric vehicles in range, payload towing, and fast refueling capabilities. The global hydrogen vehicle market is projected to reach US$57.9 billion by 2032, growing at a CAGR of 43%. WWU provides gas supply and connections to more than 7.5 million customers in Wales and southwest England. The company is committed to developing cleaner and greener energy solutions and has announced a proposal to develop a major hydrogen pipeline across South Wales.